On of the announcements coming out of E3 is that GameStop and Virgin Gaming have formed a partnership to power online video gaming tournaments. According to the announcement, Virgin Gaming will be: The preferred online tournament provider for featured console game releases sold in U.S. GameStop locations and through GameStop.com.…
Recently the controlling interest in Playtika Ltd., the Israeli social and casual game development company behind the Facebook games Slotomania and Farkle Pro, has reportedly been acquired by Caesars Entertainment Corporation for approximately $90 million USD. Playtika was founded in late 2010 and since then has garnered around 9 million users. Playtika’s games,…
While the National Endowment for the Arts (“NEA”) is traditionally known for providing grants for various “traditional” artistic endeavors, a recent change in its eligibility requirements expands its coverage to certain categories of digital media as well. Specifically, the NEA has modified its mandate to include providing grants for innovative…
Time Warner’s recent earnings report shows that a video game helped drive its earnings, according to a recent report by Investor Place. According to the report, the video game LEGO Star Wars III: The Clone Wars, is based on George Lucas’ long-running science fiction brand, and enables players to control Star…
Social media took a step into the real world with Pepsi’s announcement of a social vending machine. According to the press release, Pepsi will launch its Social Vending System, a state-of-the-art networked unit that features full touch screen interactive vending technology, enabling consumers to better connect with PepsiCo brands right…
A Wall Street Journal article today touts an upcoming book by Harry Hurt III, which recounts a cross-country road trip with an impressive list of encounters with notable figures including former President Bush. But more notably, this book includes a plethora of product-placement deals and other sponsorships. This approach, while…
The US Attorneys for the SDNY and the FBI unsealed an indictment against the three largest online poker sites on Friday, alleging an elaborate scheme to circumvent the federal law prohibiting certain gambling related activities (UIGEA). The Indictment and Civil Complaint seek at least $3 billion in civil money laundering…
A court dismissed claims against online discount program Webloyalty.com and MovieTickets.com alleging that they deceptively enrolled plaintiff in a program that he would not have joined had he know the terms. The court distinguished these companies’ disclosures from those recently held actionable in the Keithly case. After the disclosures were…
Some say Gamification has become the buzz word du jour. Others believe it is a powerful business tool that cannot be overlooked. A recent Gartner report will undoubtedly fuel the fires in that debate. The Gartner report states that by 2015, more than 50 percent of companies that manage innovation…
A UK charity recently did a survey to look at how people deal with idea of death and digital music, photography and online bank accounts. Their research found that although 80% of those surveyed have such things, fewer than 10% have given any thought about what should happen to those…